derivatives Operation analystManulife - Agnes Yung

Are you looking for unlimited opportunities to develop and succeed? With work that challenges and makes a difference, within a flexible and supportive environment, we can help our customers achieve their dreams and aspirations. Job Description Role a Are you looking for unlimited opportunities to develop and succeed? With work that challenges and makes a difference, within a flexible and supportive environment, we can help our customers achieve their dreams and aspirations. Job Description Role and Responsibilities The Derivatives Operation Analyst is responsible for various reconciliation and settlement process supporting the Global Derivative Services model: Provide daily operations support through reconciliation and settlements process of derivative instruments (but not limited to): Swap coupons and initial/final exchange, etc Initial/Variation Margin for Futures, Cleared Swaps and Collateral Management processes Cash/Securities Settlements Perform daily confirmation of incoming/outgoing settlement of derivative coupons, IM/VM due on the executed derivative products and their respective portfolios Perform varying levels of reconciliation and investigation from trade level, position, bank, suspense, etc, in accordance to internal standards where issues are escalated/resolved on a timely manner Generate required reports daily, weekly, monthly and quarterly as deemed by the business supported Work within existing procedures and processes ensuring clear and concise documentation is created and maintained as such procedures and processes evolve over time Exercise initiative to assist department management in review and analysis of established procedures and processes, making recommendations to ensure that efficient and flexible service is provided to clients at all times Provide assistance to other team members and management team when required Participate in inter-department cross training to ensure continuity of service Additional duties as assigned Willing to work on mid or night shift Additional Responsibilities include: Ensures the team is operating under the strongest control environment and that tasks are completed within procedures and controls, including the usage of proper escalation protocols Work closely with management to implement business strategy Strong contributions in projects, new initiatives, and technology development Leadership: Interact with different levels of the organization to support initiatives of our division. Recommend and influence solutions to help improve and simplify business processes when needed. Knowledge/Skills/Competencies/Education: College / University graduate (preferably Math, Business, Finance or related fields) with minimum 2 to 3 years work experience in Banking, Finance and/or Investments field Knowledge and exposure to derivative products such as Swaps, FX, Options, Futures and Forwards and/or Collateral Management functions relevant to coupons, commission schedule, broker fees, and initial/variation margin Knowledge and understanding of trade life cycle and varying levels of reconciliation Familiarity with broker statements / portal and general knowledge of custody operations Computer literate with proficiency in Microsoft Office applications, intermediate to advanced knowledge in MS Office macros is a plus Knowledge and understanding of ISDA, CSA, Give-Up Agreements Knowledge and familiarity on bank/suspense reconciliation, understanding of SWIFT and international wire instructions Client focused with the ability to understand the requirements of clients Good problem-solving skills with high level of accuracy, and attention to details Ability to react quickly and meet tight deadlines maintaining accuracy and thoroughness Excellent English skills, both oral and written, with strong comprehension skills to effectively communicate with internal and external parties Demonstrate initiative and a team player Ability to adapt to changes, and set priorities This Job Description is intended to describe the general nature and level of the work being performed. It is not intended to be a comprehensive list of all responsibilities, duties and skills required for this role. If you are ready to unleash your potential, it's time to start your career with Manulife/John Hancock. About Manulife Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Canada, Asia, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions. At the end of 2020, we had more than 37,000 employees, over 118,000 agents, and thousands of distribution partners, serving over 30 million customers. As of December 31, 2020, we had $1.3 trillion (US$1.0 trillion) in assets under management and administration, and in the previous 12 months we made $31.6 billion in payments to our customers. Our principal operations are in Asia, Canada and the United States where we have served customers for more than 155 years. We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong. Manulife is an equal opportunity employer. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention and advancement and we administer all of our practices and programs based on qualification and performance and without discrimination on any protected ground. It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will consult with applicants contacted to participate at any stage of the recruitment process who request any accommodation. Information received regarding the accommodation needs of applicants will be addressed confidentially.
Monster

Philippines
Permanent
Full-time